US court said PDVSA debt repayments impossible due to Venezuela sanctions

17 November 2020

US court said PDVSA debt repayments impossible due to Venezuela sanctions

The US District Court for the Southern District of New York denied Dresser-Rand Company’s motion for summary judgment to collect on a Promissory Note issued by Venezuela’s state-run oil company PDVSA for the sum...

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Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions...

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